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COLLEGE SAVINGS 101

Benefits of 529 plans - How to Save for College HQ PODCAST
http://www.savingforcollege.com/articles/benefits-of-529-plans-how-to-save-for-college-hq-podcast-647
Posted: 2014-07-15

These days, earning a degree without having to take out student loans seems virtually impossible for most families. Yet there are many parents and grandparents who are still actively seeking out ways to make it happen. One of those parents is Celest Horton, founder and host of “How to Save for College HQ”, a podcast that features a variety of industry experts who provide tips on reducing higher education costs.
Celest was fortunate enough to fund her own education by diligently searching and applying for scholarships. As a mom to four children (three of whom will be attending college simultaneously), she knows she’ll have her work cut out for her when it comes time do the same for them. She launched her podcast in an effort to help other families with similar concerns.
In Episode 45 of “How to Save for College HQ”, Celest and I discuss the benefits of 529 college savings plans and the importance of starting to save as early as possible.
These days, earning a degree without having to take out student loans seems virtually impossible for most families. Yet there are many parents and grandparents who are still actively seeking out ways to make it happen. One of those parents is Celest Horton, founder and host of “How to Save for College HQ”, a podcast that features a variety of industry experts who provide tips on reducing higher education costs.
Celest was fortunate enough to fund her own education by diligently searching and applying for scholarships. As a mom to four children (three of whom will be attending college simultaneously), she knows she’ll have her work cut out for her when it comes time do the same for them. She launched her podcast in an effort to help other families with similar concerns.
In Episode 45 of “How to Save for College HQ”, Celest and I discuss the benefits of 529 college savings plans and the importance of starting to save as early as possible.
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Top 529 College Savings Plans
One-year rankings are based on a plan's average investment returns over the last 12 months.
State | Plan Name | |
---|---|---|
1 | Montana | Achieve Montana |
2 | Nevada | USAA 529 Education Savings Plan |
3 | West Virginia | SMART529 Select |
Three-year rankings are based on a plan's average annual investment returns over the last three years.
State | Plan Name | |
---|---|---|
1 | West Virginia | SMART529 WV Direct College Savings Plan |
2 | Indiana | CollegeChoice 529 Direct Savings Plan |
3 | Wisconsin | Edvest |
Five-year rankings are based on a plan's average annual investment returns over the last five years
State | Plan Name | |
---|---|---|
1 | West Virginia | SMART529 WV Direct College Savings Plan |
2 | District of Columbia | DC College Savings Plan |
3 | Wisconsin | Edvest |
10-year rankings are based on a plan's average annual investment returns over the last ten years.
State | Plan Name | |
---|---|---|
1 | West Virginia | SMART529 WV Direct College Savings Plan |
2 | Wisconsin | Edvest |
3 | South Carolina | Future Scholar 529 College Savings Plan (Direct-sold) |